Author: Charles Hugh Smith

Only when speculative sizzle attracts no buyers / marks will the bottom be in. There hasn't…

Once assets are revealed as worth far less than claimed, insolvency is the inevitable result. If…

You want to fix the world with finance? Then fix this: wages' share of a financialized,…

When bubbles pop, it's natural selection at its most unforgiving: "adapt or die," and those who…

It's certainly possible to be disgusted, but being disabused of the fantasy that the system is…

But in the meantime, enjoy the political theatrics down on the sand-strewn floor of the Coliseum.…